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Economy

Bank reveals merger plans

An Australian bank and a credit union have revealed merger plans after signing a Memorandum of Understanding.

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Shorting Australian banks becoming a ‘crowded trade’

One of Australia’s leading economists has responded to recent reports claiming Australian banks fail to check proof of income when processing loan applications.

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RBA to leave rates unchanged today

Experts have come to a unanimous agreement that the official cash rate will be left on hold at the Reserve Bank of Australia's monthly board meeting today.

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IPOs hit four-year high

The number of ASX listings increased significantly in 2015, according to new research by Deloitte.

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Outlook strong for Aussie M&A

The Australian M&A market is set for another solid year in 2016, buoyed by a lower Australian dollar, a stable economy and the finalisation of free trade agreements.

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Small businesses demand a fair go for reform

Almost two in three SMEs support a simpler Fair Work Act, according to new research.

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Lawyer slams ‘dangerous’ media reports on mortgage industry

One of the mortgage industry’s most respected lawyers has spoken out about recent news articles reporting on mortgage fraud and a property bubble.

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Heritage makes key appointments

Heritage Bank has announced two key appointments for its lending and third-party operations following solid increases in the bank's profit and loan book for the first half of 2015-16.

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Land supply policy 'ineffective'

Australia’s land supply policy is not keeping up with the country’s burgeoning population, one economist has warned.

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YBR announces major restructure

ASX-listed mortgage group Yellow Brick Road has announced a significant reshuffle of its executive team as it looks to grow its loan book to $100 billion by 2020.

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